Page 53 - Automobile Industry

15th Electric Vehicle Technology Expo 2022: EVT Expo begins in Delhi

15th Electric Vehicle Technology Expo 2022: Details, When and Where you can Watch. Know everything about the Electric Vehicle Technology Expo 2022 scheduled in Delhi from August 5-7.

Auto Sales Report July 2022: Toyota breaks their sales record

Auto Sales Report July 2022: Toyota and Maruti Suzuki showed positive growth, while Kia and MG Motors shows a negative trend. Check out the Auto sales report July 2022 insights

Auto retail sales dip 8% in July on poor registrations of PVs, two-wheelers

Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors

Hyundai to Mercedes, here are top 5 cars to be launched in August

Hyundai, Maruti, Mahindra, and Toyota to launch new cars in different segments. Know everything about the latest cars to watch out for in August.

Royal Enfield to Harley, here are top 5 bikes to be launched in August

Have a look at the top five bike launches in August 2022. Know prices, details, and what makes them different.

Mahindra & Mahindra records 100,000 bookings for Scorpio-N within 30 mins

The company said that the bookings translated into an ex-showroom value of $2.3 billion

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss

The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility

How the Right to Repair rule can cut short your visit to the service centre

The tech and auto industry expects the 'Right to Repair' policy to provide recognition to the largely unorganised third-party repairs sector through increased availability of original spares

How China became ground zero for auto chip shortage over past 2 years

The global chip shortage over the past two years has been caused by pandemic supply chaos combined with booming demand

Two-wheeler stocks ready to roll on pick-up in mobility

The spurt in mobility after the pandemic has brightened prospects for auto companies in India, especially the two-wheelers. Take a look at the likely tailwinds for two-wheeler companies.

Supply chain constraints to continue to affect auto sector: Mercedes-Benz

The semiconductor shortage issue and supply chain constraints that have plagued the auto industry are unlikely to be resolved this year, said Mercedes-Benz India MD and CEO Martin Schwenk

When the chips are down: Why vehicle prices in India keep increasing

The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors

Nissan Motor India opens booking for Magnite RED edition, launch on July 18

The new edition is based on the model's XV variant and comes with various features like 8-inch touchscreen with Wifi connectivity

Vehicle sales up 27% in June, still away from pre-Covid levels: FADA

However, the overall automobile retail sales declined 8.68% compared with the corresponding month in June 2019, indicating that the broad-based recovery has yet to kick in

Govt mulls penalising companies for EV fire as voluntary recall begins

Nearly 7,000 e-two-wheelers taken off the roads; show-cause notice to companies sent based on findings of a report by a DRDO laboratory

Ashok Leyland reports 125% growth in total sales; 14,351 units sold in June

Commercial vehicle maker Ashok Leyland on Friday reported 125 per cent growth in total sales at 14,351 units in June as compared to the year-ago period. The company had registered a total sales of 6,448 units in June 2021, Ashok Leyland said in a statement. The total M&HCV sales, including exports, rose 238 per cent at 9,354 units in June 2022 as against 2,764 units in June 2021. The LCV total sales during the period under review stood at 5,177 units, which was 41 per cent higher compared to 3,684 units in the same month of 2021, it said. M&HCV domestic sales, including buses, grew 255 per cent at 8,399 units. The same stood at 2,364 units in the preceding year.

Audi clocks 49% sales growth at 1,765 units in January-June period

Audi India had retailed 1,181 units in the same period last year

SUVs to tractors: M&M not taking foot off pedal, on recovery road

Favourable agri macros, improving SUV demand, and easing commodity prices augur well for automaker

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

Government's production linked incentive scheme will be good for the automotive sector, says firm